Saudi Aramco awarded LTHE and EMAS AMC an EPCI Project contract for 28 jackets. [Read more…] about Delivery of 28 jackets
Saudi Aramco said its net profit in the first half of 2019 rose to $46.9 billion.
Saudi Aramco, which is buying 20 per cent in the oil and petrochemicals business of Reliance Industries NSE 1.22 %, has emerged as the world’s most profitable company with a staggering bottom line of $111 billion last year, surpassing the combined profits of giants like Apple, ExxonMobil and Royal Dutch Shell. [Read more…] about Saudi Aramco said its net profit in the first half of 2019 rose to $46.9 billion.
McDermott wins record EPCI mega-project for Marjan Package 1
McDermott International, has announced that it has been awarded a contract in excess of $3 billion for Package 1 of Saudi Aramco’s Marjan Increment Development Mega-Project to provide engineering, procurement, construction and installation (EPCI) of the Gas-Oil Separation Plant (GOSP), in a consortium with China Offshore Oil Engineering Company (COOEC). [Read more…] about McDermott wins record EPCI mega-project for Marjan Package 1
McDermott awarded substantial offshore EPCI contract from Saudi Aramco
McDermott International announced today a contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia. [Read more…] about McDermott awarded substantial offshore EPCI contract from Saudi Aramco
Saipem awarded two new offshore contracts from Saudi Aramco
Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD. [Read more…] about Saipem awarded two new offshore contracts from Saudi Aramco
A.Hak Industrial Services signs its largest contract to date
A.Hak Industrial Services Middle East has secured the largest contract in the history of the company.
[Read more…] about A.Hak Industrial Services signs its largest contract to date
Saudi Aramco plans $300 bln in investments to counter decline
Saudi Arabia’s state oil giant Saudi Aramco plans to invest more than US$300 billion in the next 10 years in oil and gas as it looks to counter the effects of investment decline and a potential energy shortage, its chief executive said.
[Read more…] about Saudi Aramco plans $300 bln in investments to counter decline
L&T and Emas Chiyoda award 2 more contracts for total of 3 ongoing
Larsen & Toubro, in consortium with Emas Chiyoda Subsea, has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabian oil giant Saudi Aramco.
[Read more…] about L&T and Emas Chiyoda award 2 more contracts for total of 3 ongoing
Saudi Aramco CEO expects oil price rise in 1st-half 2017
Saudi Aramco expects oil prices to rebound in the first half of 2017 and for demand to remain healthy following two years of painfully low prices, the state-owned producer’s Chief Executive Officer Amin Nasser recently said.
[Read more…] about Saudi Aramco CEO expects oil price rise in 1st-half 2017
Saudi Aramco Discovers Three New Oil Fields and Debuts Rigless Intervention
Saudi Aramco discovered three new oil fields last year, the company disclosed in its annual review, including the offshore Faskar accumulation, close to the Berri field.
[Read more…] about Saudi Aramco Discovers Three New Oil Fields and Debuts Rigless Intervention
